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18 N Main St , Newport, NY 13406

$229,000
  • 18 N Main St , Newport, NY 13406 Main Photo

47 Photos

New to the Market Active
LOT SIZE 152X234 SQUARE FEET3,717 MLS#S1724759
STATUSActive PROPERTY TYPELand - Residential SCHOOLWest Canada Valley

Property Description

Investor alert! This fully occupied 6-unit apartment building is the kind of rare find that makes your calculator sit up and smile. Offered for sale with cash or commercial financing only, the property features 3,717 square feet with a smart mix of two two-bedroom units and four one-bedroom units, giving you a solid setup for steady rental income from day one. The building has been well maintained and updated over time, including a brand-new propane boiler in 2025, six separate electric meters, six hot water heaters, and vinyl replacement windows and doors throughout. The roof is a durable mix of steel and asphalt, adding another layer of practical value for the investor who prefers less drama and more upside. Outside, the huge yard and green space give this property an edge that is hard to find in a multi-family offering. Tenants will appreciate room to spread out, and the generous lot also supports convenient off-street parking. Being close to a playground and park adds everyday appeal, while the location puts you just minutes from Herkimer and about 25 minutes from Utica. Commercial zoning may offer added flexibility, and village water paired with a septic tank keeps the setup straightforward. With some long-term tenants already in place and the entire building occupied, this is a strong opportunity for investors looking to expand their portfolio with a property that already has momentum. If you have been waiting for a multi-family investment with income, updates, outdoor space, and parking, this one deserves a look. Reach out today before someone else beats you to it.

18 N Main St | MLS# S1724759

This land located at 18 N Main St , Newport, NY 13406 is currently listed for sale with an asking price of $229,000. The property has approximately 0.82 Acres. N Main St is located within the West Canada Valley school district. Search Newport real estate on www.mjpeterson.com today.

Property Features

Property Type: Land - Residential
Heating: Propane, HotWater
Lot Size: 0.82 Acres
Roof Type: Metal, RolledHotMop
Stories: 2.0
Taxes: $3,799
Year Built: 1880

Amenities

BlacktopDriveway
PropaneTankLeased

Feature Descriptions

Appliances: ElectricWaterHeater, Refrigerator
Exterior: VinylSiding
Flooring: Carpet, Varies, Vinyl
Lot: IrregularLot, Other, SeeRemarks, Level
Lot Dimensions: 152X234
Parcel#: 100.51-1-41
Sewer: SepticTank
Topography: Level, Other, SeeRemarks
Utilities: Other, SeeRemarks
Water: Other, SeeRemarks

Local Schools

School District: West Canada Valley

Listed By / Shown By

Listing By

Agency Name: Keller-Williams Mohawk Valley
Agency Phone: 315-701-6900

Shown By

Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234

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Estimated Payment

$ 893.03 per month $509.65 Principal & Interest $316.58 Property Tax $66.79 Homeowner's Insurance

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